Through the new fund, the Spanish financial services provider hopes to initially raise up to €20 million.
Although mired in significant delays compared to other Latin American countries, Paraguay is now preparing to issue its first legislation to support solar and wind power.
The installation will be located in the state of Pernambuco and will be also used to test different PV components.
The island country in the eastern Caribbean is preparing to host a 3 MW solar PV plant, its first utility-scale renewable energy project.
The German development bank reports robust demand for storages systems combined with PV power generators. Starting from July 1, the repayment subsidy will drop from 19% to 16%.
Rebates can cover up to 30% of the costs for buying and installing a residential or commercial PV system. The program is expected to enable the deployment or around 50 MW of solar capacity.
The Baikonur Solar project is planned for the Kyzylorda region. The project will be developed by Samruk Kazyna United Green Energy Ltd., which is also building two more 50 MW solar facilities financed by the EBRD.
The portfolio of four solar projects will provide low-cost electricity for 38 co-ops in Georgia, and builds on existing projects developed by the two companies.
The conformity assessment scheme is expected to spur development of solar distributed generation. PV installations up to 5 MW have currently access to net metering.
The Canadian developer will build 15 ground-mounted solar plants in Peterborough. The projects are owned by the local utility and the town’s government.
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